Article
Treasury, IRS Release Final Regulations on Transfer of Certain Energy Tax Credits
May 6, 2024ArticleTreasury, IRS Release Final Regulations on Transfer of Certain Energy Tax Credits
May 6, 2024The Department of the Treasury and the IRS on April 25 released long-awaited final regulations (T.D. 9993) related to the transfer of certain credits under Internal Revenue Code Section 6418, added by the Inflation Reduction Act (IRA), which describes rules for the election to transfer eligible credits in a taxable year.